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Novocure

Patient-forward: Aspiring to make a difference in cancer

Founded 2000 Switzerland Switzerland 1384 employees Post-IPO Debt Total: $1.07B Biotechnology, Health Care

General Information

Company Name Novocure
Founded Year 2000
Location Switzerland Switzerland
Employees 1384
Industries Biotechnology, Health Care
Funding Stage Post-IPO Debt
Social

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About Novocure

Novocure is a global oncology company with the mission of extending survival in aggressive forms of cancer. The company's innovative therapy, Tumor Treating Fields, is aimed at making a difference in cancer treatment. Novocure's commercialized products are approved in certain countries for the treatment of adult patients with glioblastoma and in the U.S. for the treatment of adult patients with malignant pleural mesothelioma. The company also has ongoing or completed clinical trials in various other cancer types such as brain metastases, non-small cell lung cancer, pancreatic cancer, ovarian cancer, liver cancer, and gastric cancer.

Founded in 2000, Novocure is headquartered in Switzerland with operations in the U.S. and offices in Canada, Germany, Jersey, Japan, and Israel. The company recently received a $100.00M Post-IPO Debt investment on May 2, 2024 from Pharmakon Advisors.

Novocure's dedication to pushing the boundaries of cancer treatment, along with its global presence and recent investment, demonstrates its potential for impacting the biotechnology and healthcare industries.

Business keywords: Oncology, Cancer therapy, Tumor Treating Fields, Glioblastoma treatment, Neuro-oncology, Clinical trials, Global operations, Innovative therapies, Cancer research, Anti-mitotic treatment

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $100.00M 1
Pharmakon Advisors
02 May 2024
Post IPO Debt $150.00M 1
JP Morgan Chase
09 Nov 2020
Post IPO Debt $575.00M -
05 Nov 2020
Post IPO Debt ILS52.00M 1
Cybele Holdings
01 Sep 2020
Post IPO Debt $150.00M 1
BioPharma Credit
07 Feb 2018
Post IPO Equity ILS45.50M 1
Cybele Holdings
01 Jul 2017
Venture Round Undisclosed 4
Index Ventures, Johnson & Johnson Development Corporation +2
28 Sep 2009

Novocure Alternatives & Competitors

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Novocure vs
TME Pharma
TME Pharma Germany

Developing novel therapies for treatment of the most aggressive cancers by acting on the tumor micro...

Post-IPO Equity
12 employees
Biotechnology, Health Care
Novocure vs

Changing the way cancer is treated.

Series B
9 employees
Biotechnology, Health Care
Novocure vs
2seventy bio
2seventy bio United States

It’s about time we think smarter and faster than cancer.

Acquired
122 employees
Biotechnology, Health Care

FAQ About Novocure

Patient-forward: Aspiring to make a difference in cancer
Novocure was founded in 2000.
Novocure is headquartered in Switzerland.
Novocure operates in Biotechnology and Health Care. Its work centres on Oncology, Cancer therapy, Tumor Treating Fields and Glioblastoma treatment.
Novocure has approximately 1384 employees.
Novocure has completed 7 funding rounds, raising a total of $1.07B. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Novocure include TME Pharma, Alpheus Medical, Inc, 2seventy bio, Developing New Drugs for AML and PDAC, Acomhal Research, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Novocure and TME Pharma are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Novocure, https://bouncewatch.com/company/novocure, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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